Nothing wrong with some optimism, right?
Optimism is certainly not wrong, but I do not agree with blind optimism.
This year is because of too many blind optimism, and someone even said that Bitcoin will reach 25,000 US dollars at the end of the year, this is exaggerated predictions without any analysis, which is irresponsible misleading,this will only make people feel more disappointed after the bad reality.
We certainly need some optimism, but it must be cautiously optimistic.
Quoted for truth.
In other threads, people are asking how we can get more women interested in Bitcoin, criticism of 'weak hands' etc.
What's giving Bitcoin a bad reputation are overblown predictions of a boom that are proved wrong, creating the impression that Bitcoin investors don't know what they are talking about. This will scare other people off.
People should also not be overly pessimistic too, because a lot of people are building their hopes on unrealistic predictions like that. Nobody can accurately predict the price of bitcoins in the future, but we can work with the facts that we have now. The technology has improved a lot since last year, when we had scaling issues.
We see an increase in adoption of these new additions and business are constantly adding Bitcoin as a payment option. There are also some countries that are not waiting for the US to allow institutional investors to start investing in Crypto currencies.
I see a bright future for Bitcoin and I want to stock up on cheap coins, before this happens globally.
People were telling us how cheap Bitcoin was at $10,000, and that we should 'fill our boots'. Those who bought in then have lost over half of their money.
So far, those who were pessimistic earlier in the year have been more accurate than those who predicted a quick recovery.
Earlier on in the year people were claiming that Bitcoin always goes down at this time of year, and that it would moon at the end of the year. We're nearing the end of the year, and where is the moon?